Barclays 2006 Annual Report Download - page 23

Barclays PLC
Annual Report 2006 19
Operating review
1
Analysis of results by business
For the year ended 31st December 2006
Barclays
International Wealth Head office
Retail and Barclays – closed life functions
UK Commercial Barclays Global Barclays assurance and other
Banking Barclaycard Banking Capital Investors Wealth activities operations Group
£m £m £m £m £m £m £m £m £m
Net interest income 4,035 1,843 1,659 1,158 10 366 (8) 80 9,143
Net fee and commission income 1,861 1,054 1,303 952 1,651 665 50 (359) 7,177
Principal transactions(a) 30 15 194 4,135 4 – 156 42 4,576
Net premiums from
insurance contracts 26933351–––2101971,060
Other income 63 –7422 – 51139214
Total income 6,258 2,945 3,581 6,267 1,665 1,036 419 (1) 22,170
Net claims and benefits on
insurance contracts (35) (8) (244) – – – (288) – (575)
Total income, net of
insurance claims 6,223 2,937 3,337 6,267 1,665 1,036 131 (1) 21,595
Impairment charges (461) (1,493) (167) (42) – (2) – 11 (2,154)
Net income 5,762 1,444 3,170 6,225 1,665 1,034 131 10 19,441
Operating expenses (3,265) (1,054) (2,196) (4,009) (951) (821) (109) (269) (12,674)
Share of post-tax results of
associates and joint ventures 5(8)49–––––46
Profit on disposal of subsidiaries,
associates and joint ventures 76–247–––––323
Profit before tax 2,578 382 1,270 2,216 714 213 22 (259) 7,136
As at 31st December 2006
Total assets 139,902 27,628 68,848 657,922 80,515 7,285 7,605 7,082 996,787
Total liabilities 159,503 1,909 37,567 632,208 79,366 26,817 7,499 24,528 969,397
Overview
Note
(a) Principal transactions comprise net trading income and net investment income.